Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    35 400th N Lindon, UT 84042-1408
    Property profile & analytics

    35 400th N, Lindon, UT 84042-1408

    View on Map
    • Golf courses & driving ranges
    • 5,907 SF
    • 6.00 lot acres
    Off-Market
    Last Sale Jul 19, 2021
    Property ID
    US86-0703083
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wadley Farms / Hotel & Motel / Resort
    • Gordon Case & Co / General Contractor / Construction Company

    Property Details for 35 400th N

    Year built
    2020
    Lot size
    6.00 lot acres
    Property type
    Golf courses & driving ranges
    APN
    14-071-0160
    APU
    140710160

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 19, 2021 — Colledge Properties LLC Frampton Property & Maintenance LLC Quit Claim Deed · related —
    Jun 6, 2013 — Colledge Properties LLC Colledge Kristine M Trust Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lindon
    County
    Utah
    State
    Utah
    Longitude
    -111.714
    Latitude
    40.3463
    CBSA code
    39340
    CBSA name
    PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $38,835
    $0.00
    $0.00
    $5,142,299
    -
    $1,324,500
    $4,528,100
    $5,852,600

    Comparable in this City

    • Value Estimation by Request
      2,846 SF

      126 Main St

      THEATER (MOVIE)
      126 Main St, Lindon, UT 84042-2028
      View Details
    • Value Estimation by Request
      361,225 SF

      500

      Distribution properties
      0 500, Lindon, UT 84042
      View Details
    • Value Estimation by Request
      0.10 Acres

      Lindon, UT 84042

      COMMERCIAL (GENERAL)
      Lindon, UT 84042
      View Details
    • Value Estimation by Request
      8.96 Acres

      2745 600th N

      COMMERCIAL (GENERAL)
      2745 600th N, Lindon, UT 84042-1258
      View Details
    • Value Estimation by Request
      1,827 SF

      1060 400th N

      OFFICE BUILDING
      1060 400th N, Lindon, UT 84042-1101
      View Details
    • Value Estimation by Request
      21,536 SF

      947 500th N

      INDUSTRIAL (GENERAL)
      947 500th N, Lindon, UT 84042-1232
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Versatile Commercial Property in Lindon

      59,781 sqft commercial property at a bustling Lindon intersection.
      555 S Geneva Rd, Lindon, UT 84042
      View Details
    • New
      $395,000
      0.40 Acres

      Lindon, UT Building Lot

      Rare building lot in Lindon's Walker Subdivision.
      252 E Center St, Lindon, UT 84042
      View Details
    • Contact for pricing

      Commercial Land For Sale

      6.829 Acres of commercial land available in Lindon, Utah.
      338 S 670 W, Lindon, UT 84042
      View Details
    • Contact for pricing

      Land Adjacent to Pleasant Grove

      Land near new housing with strong growth potential.
      700 N 1400 W, Lindon, UT 84042
      View Details
    • $15,499,999
      5.29 Acres

      Lindon Retail Center: Prime Location

      High-Visibility Retail Property, 5.29 Acres
      555 Geneva Rd, Lindon, UT 84042
      View Details
    • Contact for pricing
      6,821 SF

      Car Dealership Opportunity on State

      Car dealership property with building and large parking lot.
      165 S State St, Lindon, UT 84042
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      31,688 SF

      Lindon Office Space with Amenities

      Office space featuring fitness center, pickleball courts, and EV charging.
      2745 W 600 N, Lindon, UT 84042
      View Details
    • Contact for pricing
      40 SF

      Retail/Land Site For Lease

      Retail/land site for lease, sale, or built-to-suit.
      1700 700 North, Lindon, UT 84042
      View Details
    • Contact for pricing
      1,877 SF

      Retail Space with Drive-Thru

      Built-out retail space with drive-thru in mixed-use development.
      1051 S Vly Grv Way, Pleasant Grove, UT 84042
      View Details
    • Contact for pricing
      12,000 SF

      Lindon Office Space Available

      High-end office space with tech finishes and I-15 access.
      360-380 S 670 W, Lindon, UT 84042
      View Details
    • Contact for pricing

      Lindon Office Space for Lease

      Office spaces available in high-tech Lindon campus.
      588 W 400 S, Lindon, UT 84042
      View Details
    • Contact for pricing

      Land For Rent

      Land available for rent in Lindon, Utah.
      564 W 550 N, Lindon, UT 84042
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35 400th N
    Lindon, UT 84042-1408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    35 400th N, Lindon, UT, 84042
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!